£329,631
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £245,000 | 24 Jun 2016 |
| £50,000 | 23 Aug 2000 |
| £70,000 | 22 May 1995 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,446 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in June 2016 the House Price Index for LEICESTER was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £245,000 results in an estimated price of approximately £329,631.
| 24 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £245,000 | £84,631 | £329,631 |
The Postcode Pricing Model uses changes in average sales price within the LE4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 71.156 % | £174,332 | £419,332 |
| 3 Month Average | 53.005 % | £129,861 | £374,861 |
| 6 Month Average | 63.441 % | £155,430 | £400,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £246,251 | £240,000 | 32 GRAYSWOOD DRIVE |
| 16 Jun 2023 | £137,761 | £135,000 | 63 SHARPLEY DRIVE |
| 21 Apr 2023 | £264,956 | £260,000 | 22 PARKSIDE CLOSE |
| 31 Mar 2023 | £180,006 | £177,000 | 10 BEACON CLOSE |
| 10 Mar 2023 | £224,245 | £220,500 | 3 BEACON CLOSE |
This house has a floor area of 134 sq meters or 1,446 sq feet when measured on 3 Oct 2008. Using an estimated price of £329,632 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on GRAYSWOOD DRIVE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Grayswood Drive | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Beacon Close |
| Jun 2024 | Public order | Under investigation | On or near Beacon Close |
| Jun 2024 | Public order | Under investigation | On or near Beacon Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beacon Close |